NOT LISTED FOR SALE

Estimated Value: $274,353 - $494,000

-- Bed
-- Bath
1,098 Sq Ft
$350/Sq Ft Est. Value

Last Sold July 30, 2013

Last sale price $134,900 $123 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $2,559/month

66 Days on Market

About This Home

As of July 2013

Fully leased 4 unit residential investment property. $13,665.00 net operating income. New front door installed.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1810

Lot Details

  • 1,742

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Poured Concrete
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Schools

  • Mccaskey Campus High School

Utilities

  • Baseboard Heating
  • 100 Amp Service
  • Natural Gas Water Heater

Additional Features

  • Exterior Basement Entry
  • 1,742 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for heat, electricity
  • Assessor Parcel Number 333-04-179-0-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Income includes apartment rentals
  • Electric Expense $218
  • Fuel Expense $613
  • Insurance Expense $841
  • Maintenance Expense $1,250
  • Trash Expense $853
  • Operating Expense $6,131

Property Details

Home Type

Multi-Family

Year Built

Built in 1810

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Storage: Basement
  • Year Built: 1810
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Outside Entrance, Unfinished

Exterior Features

  • Construction Materials: Brick, Frame
  • Construction Completed: No
  • Exterior Features: Fire Escape
  • Roof: Composite, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 217.85
  • Electric Service: 100 Amp Service
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1857.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • High School: MCCASKEY CAMPUS
  • School District Key: 300200397286
  • High School: MCCASKEY CAMPUS

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: .04
  • Property Attached Yn: Yes
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4057143
  • School Tax: 2430.39
  • Tax Annual Amount: 4042.46
  • Assessor Parcel Number: 333-04-179-0-0000
  • County Tax Payment Frequency: Annually
  • Close Date: 07/30/2013

Multi Family

  • Fuel Expense: 613.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 6131.35
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2013
Closed on
Jul 26, 2013
Sold by
Iron Keep Holdings Llc
Bought by
Garcia Martinez Jaun I and Garcia Isabelmieses
List Price
$139,900
Sold Price
$134,900
Premium/Discount to List
-$5,000
-3.57%
Current Estimated Value
$384,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,277
Avg. Annual Appreciation
7.84%
Original Mortgage
$107,920
Interest Rate
4.31%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 28, 2001
Sold by
Kerns Daniel R
Bought by
Fulton Bank
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Garcia Martinez Jaun I $134,900 None Available
Fulton Bank $2,391 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Juan I Garcia $225,000
Closed Garcia Martinez Jaun I $107,920
Previous Owner Iron Keep Holdings Llc $104,000
Previous Owner Smoker Glenn E $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2013 07/30/13 Sold $134,900 -3.6% $123 / Sq Ft
05/27/2013 05/27/13 Pending -- -- --
03/22/2013 03/22/13 For Sale $139,900 -- $127 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,476 $138,400 $35,600 $102,800
2023 $5,384 $138,400 $35,600 $102,800
2022 $5,160 $138,400 $35,600 $102,800
2021 $5,049 $138,400 $35,600 $102,800
2020 $5,049 $138,400 $35,600 $102,800
2019 $4,974 $138,400 $35,600 $102,800
2018 $2,952 $138,400 $35,600 $102,800
2017 $4,414 $96,100 $20,800 $75,300
2016 $4,374 $96,100 $20,800 $75,300
2015 $1,706 $96,100 $20,800 $75,300
2014 $3,817 $96,100 $20,800 $75,300
Source: Public Records

Map

Source: Bright MLS

MLS Number: 1005911915

Bright MLS

APN: 333-04179-0-0000